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Jeremy Corbyn Says He'll Stand Down as Labour Party Leader

Dec.12 -- Jeremy Corbyn said he will stand down as leader of the U.K.'s opposition Labour Party as early results confirmed the exit poll forecast of a big majority for Boris Johnson’s Conservatives. "I will not lead the party in any future general election campaign," Corbyn said before adding that there needs to be "a process of reflection" about Labour’s direction. Corbyn spoke in Islington, London.